The Global Agriculture & Irrigation Pumps Market size was valued at around USD 3.83 billion in 2024 and is projected to reach USD 4.86 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.94% during the forecast period, i.e., 2025-30.
Global Agriculture & Irrigation Pumps Market Driver:
Increasing Demand from Irrigation Industry – Major countries in agriculture across the globe are the United States, China, Brazil, Russia, India, Turkey, France, Mexico, Canada, Germany, etc. These countries are continuously making efforts to sustain agricultural productivity and progress in irrigation facilities, to meet the global food demands of the rising population. In India, almost 60% of the total land comes under agriculture. Thus, there is increasing focus on the installation of solar pumps in this region. As per PM-KUSUM (Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan), the goal is to replace almost 1.5 million already installed electric pumps with solar agricultural pumps by the year 2026. In addition to this, the scheme further aims to install 2 million new solar agricultural pumps.
In 2023, India organized a summit named “Smart Irrigation Summit” in collaboration with the Irrigation Association of India. The main objective of this summit was to discuss more resilient options & technological advancements that can be made for agriculture & irrigation. Thus, to sustain agricultural productivity and yield production, efforts are being made to provide proper irrigation facilities to the farmers, which further enhances the demand for agriculture pumps.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Agriculture & Irrigation Pumps Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
- By Type
- Centrifugal Pumps
- Overhung Pumps- Market Size & Forecast 2020-2030, USD Million
- Vertical Inline- Market Size & Forecast 2020-2030, USD Million
- Horizontal End Suction- Market Size & Forecast 2020-2030, USD Million
- Split Case Pumps- Market Size & Forecast 2020-2030, USD Million
- Single/Two Stage- Market Size & Forecast 2020-2030, USD Million
- Multi Stage- Market Size & Forecast 2020-2030, USD Million
- Vertical Pumps- Market Size & Forecast 2020-2030, USD Million
- Turbine- Market Size & Forecast 2020-2030, USD Million
- Solid Handling- Market Size & Forecast 2020-2030, USD Million
- Non-solid Handling- Market Size & Forecast 2020-2030, USD Million
- Axial- Market Size & Forecast 2020-2030, USD Million
- Mixed Flow- Market Size & Forecast 2020-2030, USD Million
- Turbine- Market Size & Forecast 2020-2030, USD Million
- Submersible Pumps
- Solid Handling- Market Size & Forecast 2020-2030, USD Million
- Non-solid Handling- Market Size & Forecast 2020-2030, USD Million
- Overhung Pumps- Market Size & Forecast 2020-2030, USD Million
- Positive Displacement Pumps
- Diaphragm Pumps- Market Size & Forecast 2020-2030, USD Million
- Piston Pumps- Market Size & Forecast 2020-2030, USD Million
- Progressive Cavity Pumps- Market Size & Forecast 2020-2030, USD Million
- Peristaltic Pumps- Market Size & Forecast 2020-2030, USD Million
- Centrifugal Pumps
- By Power Source
- Electricity – Market Size & Forecast 2020-2030, USD Million
- Diesel- Market Size & Forecast 2020-2030, USD Million
- Renewables – Market Size & Forecast 2020-2030, USD Million
- By Horse Power
- 0.5 to 5 HP – Market Size & Forecast 2020-2030, USD Million
- 6 to 20 HP- Market Size & Forecast 2020-2030, USD Million
- 21 to 100 HP – Market Size & Forecast 2020-2030, USD Million
- 101 to 200 HP – Market Size & Forecast 2020-2030, USD Million
- Above 200 HP – Market Size & Forecast 2020-2030, USD Million
- By Region
- North America
- South America
- Europe
- The Middle East and Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Grundfos Group, Xylem Inc., KSB SE & Co. KGaA, Franklin Electric, Flowserve Co., Armstrong Fluid Technology, ITT Inc., SPX FLOW, Inc., Sulzer Ltd., Ebara Corporation, PSG Dover, WILO SE, Kirloskar Brothers Limited (KBL), Weir Group PLC, Torishima Pump Mfg. Co. Ltd., Pentair Plc., Patterson Pump Company, and others
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